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October 13, 2009

Mayoral battle for the city’s skyline

Thompson up against most ambitious real estate planner in decades

By Carly Baldwin

So where do mayoral rivals Michael Bloomberg and William Thompson stand on building the city?

Bloomberg embraces development to increase economic growth and tax revenue. He supports the controversial Atlantic Yards project, gave tax breaks to Yankee Stadium, and changed zoning in Greenpoint-Williamsburg and Coney Island to increase residential development.
Thompson paints himself as an advocate for tempered growth, who will protect neighborhoods from overdevelopment and demand good jobs in exchange for public financing.


NoLandGrab: Somewhere along the line, we believe that Bruce Ratner's overdevelopment was renamed "the controversial Atlantic Yards project."

FYI: Thompson is for the controversial project, though he's believes that his support represents "a very different position" from the Mayor's support.

Posted by lumi at October 13, 2009 5:33 AM